688137 Stock | | | 32.51 0.03 0.09% |
Suzhou Novoprotein financial indicator trend analysis is much more than just breaking down Suzhou Novoprotein prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Novoprotein is a good investment. Please check the relationship between Suzhou Novoprotein Inventory and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Novoprotein Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Inventory vs Property Plant And Equipment Net
Inventory vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Suzhou Novoprotein Inventory account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Suzhou Novoprotein's Inventory and Property Plant And Equipment Net is 0.92. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Suzhou Novoprotein Scientific, assuming nothing else is changed. The correlation between historical values of Suzhou Novoprotein's Inventory and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Suzhou Novoprotein Scientific are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Inventory i.e., Suzhou Novoprotein's Inventory and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Inventory
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Suzhou Novoprotein's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Novoprotein current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Novoprotein Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Tax Provision is expected to grow to about (5.7
M). In addition to that,
Selling General Administrative is expected to decline to about 55.3
MSuzhou Novoprotein fundamental ratios Correlations
Click cells to compare fundamentals
Suzhou Novoprotein Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Suzhou Stock
Balance Sheet is a snapshot of the
financial position of Suzhou Novoprotein at a specified time, usually calculated after every quarter, six months, or one year. Suzhou Novoprotein Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou Novoprotein and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Suzhou currently owns. An asset can also be divided into two categories, current and non-current.